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the samsung announcement? >> that is pretty amazing. once the news was out about samsung it took away some uncertainty. apple bucked the trend. sandra: best buy seeing a nice top. that was an up stock on a down day. >> best buy, the last quarter was a great one. they got positive analyst comments as well. jpmorgan initiated coverage with overweight rating. [closing bell rings] david: the bells are ringing. we're not at absolutely postively lowest point of the markets but very close to it as we see a down market. dow jones industrials down 61 points on the beginning of this trading week. looks like it is settling up from the down point. at one point we saw triple digit red signals from the dow, improving from that. no hope to get into the green. still off the day's lows. the s&p down about 8.5, a little more percentage wise than the dow jones. the nasdaq the least worrisome of all thee four indices. the russell 2000 down over half a percentage point. sandra: worries over cyprus's proposed plan to tax bank deposits, investors pushed back into safe assets, pushing the 10-year yield down the m
on the program. >> good to be here. >> apple and samsung accounting for one in two smartphones sold today. tell me what the competition means for the choices out there. >> i think we have finally gotten to a point where it's not just an until the iphone. we have samsung up as the pepsi to their coke. and these two companies really control most of the market share. and when you hear about a hot new phone, it's going to be one from one of these two guys. >> i think it's interesting there are 5 billion cell phones on the planet versus 1 billion pcs. everybody wants a phone. >> a country that doesn't have a laptop you have a phone with you. >> let's talk about some of the smartphones out there. samsung just announced the s4 galaxy phone, a splashy event they had than. what is your insight than phone? >> that's the big five-inch phone they had at the press event a couple of weeks ago. i checked it out. it's a really nice phone. it's a huge screen, 5-inch screens, they make them much more like portable computers. it does a lot. it's g a great camera. my big problem is it's a plastic phone, and everyo
that the samsung galaxy s4 has been unveiled. we'll speak to someone in the business of consumer electronics trade-in and we head to break this morning. bright spot. look at jc penney and melissa lee pointed this out to us. what's going on with jcp? >> somebody get herb greenberg on the phone. >> if jc penney converted to reitlike units it could go out to other retailers and that would make it $46 a share with $40 accorded to the reit part of the business. >> here you go. >> it's why we're the best in the business. we're back after this. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ how lincoln financial can help you take charge of your future. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional invest
they compete? less talk about samsung's. blackberry tomorrow. fair enough. that's a samsung. galaxy's really picking up market share. you're not worried about that. >> not worried about it. there seems to be so much attention. in all this talk. if you look at mobile phone units to year-over-year at over 29% in the fourth quarter. since i grew 12. there is a big misperception that samsung is doing so much better. smart phones. and what they're doing is moving their feature phone business is more fun. it makes this more fun growth look much higher, but the way to get rid of this is silicon mobile phone and apple & by almost threefold. cheryl: blackberry is releasing the blackberry ten tomorrow. >> not a threat at all. think it is a worthy effort that will keep them in the game. probably more of a threat to android. cheryl: apple filed a patent. he dropped the phone, it prevents it from shattering which is been one of the beckham plans for users to my phones. deasy to break. is this a game change? to you factor this in? i think that's a useful feature. cheryl: you did come back from that thousa
including one for a technology firm going public today. we'll talk to the model n. also samsung is launching a new product today and it's not a smartphone. we'll talk exclusively with samsung electronics america president tim baxter about what his company is unveiling and taking another look at the futures. it looks like it will be a strong open out of the gates today. the dow with an implied open plus 70 with the nasdaq following suit. more "squawk on the street" live at post 9 on the nyse when we come back. >>> it's wall street firm is jumping on the best buy bandwagon. credit suisse overweight with a $30 price target and the firm calling best buy its best near-term idea expressing confidence in its management's ability to turn the company around. credit suisse is saying it is upbeat about the best buy earnings prospects. the stock is now up almost 90% so far this year. gary balter is the analyst. jim, who i know you know well. >> yes. >> i love the note this morning more than anything. >> i mean, he's quoting bob seeger saying i know it's late. i know you're weary. a lot of people have up
loopholes. >> iphone, apples fighting back as blackberry and samsung pile on. >> a tight market. it's down to the floor of the new york stock exchange to check in with nicole, and stocks well off the low of the day, seems the initial shock is wearing off. do you agree? >> well, certainly, we are up off the lows of the day with an extremely strong dollar when we started today. that's come back a little bit. of course, the euro at four month lows, and there are continued concerns about cypress, the banks, the eurozone, and just the global picture financially. the dow, right now, at 14500, trading as low as 14404. cypress is a big concern. china is a big concern. they said china's economy is showing symptoms that sparked the crisis in 2008, the warning and saying they risk financial crisis. obviously, concerns about china. i'm going to stick to the cypress theme and put it together. the vix, fear index popped. you see the 1275 right now, up 17%. at one point, up 13%. right now, let's look at the financials because they certainly reacted. in some cases, dramatically, and the idea of them taxin
. apple takes direct aim at samsung after the release of its new s4 galaxy. is this its last hope? invest like an activist. one fund manager's take on how to follow the smart money as we break down the fundamentals of 13d activist fund. plus another euro bank crisis. the latest move by cypress spooking markets around the world. bob dahl weighs in on how it's impacting the global. the "countdown to the closing bell" begins right now. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and the count down's beginning, and the dow is making somewhat of a big turn around right now after dropping more than 109 p points. the dow trying to squeeze through the green a little more than 30 minutes ago, now down 26 points as you can see on your screen. u.s. markets have been falling in global selloff in response to cypress' plan for a deposit tax. now it seems like we're shrugging off those headlines. now, shares of hewlett-packard and verizon are helping the dow recover some grounds after upgrades from morgan stanley. verizon actually hitting more than an 11.5-year high
smart phone, the buzz about it is pretty good. jonathan bloom explains, compared to samsung's galaxy or iphone 5, blackberry may face an uphill bottle. >> beneath his coat. director is hiding something that is not so stylish. >> i have a blackberry. it's a little bit embarrassing. >> in the final months of his contract, they are trading up to the newest zones from apple to samsung. >> smart phone that started it all, accounts for just 2% of the market. blackberry ceo is determined to change that. >> we're used to competition. we have to get better. what we did, we have a new platform. >> it's now in the u.s. z-10 looks like a touch screen competitors and getting good reviews. >> i actually like it. i think the aspects of the phone it feels really comfortable and nice job with the camera. >> jessica was enthusiastic about the new touch key kee board and slick camera and new blackberry apps. >> this latest has all the trappings of modern smart phone but is it enough to save the company? >> i think right now they are trying to prove they are not dead. >> are they? >> they are not dead y
. >> thanks. melissa: the rivalry is heatings up between apple and samsung. sources say samsung is developing a new product similar to a wristwatch that will have many capabilities of a smartphone. this news comes just after samsung released its new galaxy s4 smartphone last thursday and just last month, news about apple experimenting with a smart watch of its own surfaced. samsung and apple are the world's two top mobile device companies. both are developing new products as smartphone sales have begun to slow down. you need a smart watch? lori: i can't keep up with all the technology. moving too fast and furious for me. melissa: there you go. tonight on "money", boone pickens will weigh in whether we are losing advantage in natural gas to china. china is opening up natural gas fueling stations for transportation, like 50 in the u.s. over next year or so. he will join me 5:00 p.m. eastern on fox business because he said years ago we should use natural gas for transportation. a lot of people thought he was talking his book. but turns out he was absolutely right. >> the white house says treasur
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for me. it's this. a blackberry. i'm addicted. but are you? or are you on to apple and samsung and android? we'll find out after the break. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it shows. we don't run like that. we build john deere equipment the way we always have: the right way.
. or are you addicted to apple or samsung? no, no, no! stop! humans. one day we're coming up with the theory of relativity, the next... not so much. but that's okay -- you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. >>> we said earlier senator murray was opposed to dianne feinstein's assault weapons bill. millions of users worldwide, blackberry is giving apple and samsung a run for their money. now they're hoping to take a bigger slice out of the smart phone market with the release of their new device. i'm a well known blackberry crack addict. and i'm still hanging on in here. i'm going to lay my cards on the table to you there. my two teenaged sons recently defected from the blackberries th
. >> wrapped in a two-year contract he watched his friends trade up to the newest phones from apple to samsung. >> they usually ask, why do you still have a blackberry? >> it accounts for 2% of the market and the ceo is determined to change that. >> we are used to competition. we have to innovative. >> after launching in europe, blackberry 10 is now in the u.s. it looks like the touch screen competitors. >> i actually real like it. i think blackberry has done a good job. it feels comfortable. >> jessica was enthusiastic with b the new touch keyboard and slick cancer camera and online show of new apps. >> latest blackberry has all the trappings of smart phone but the question is, is it enough to save the company? >> right now i think they are trying to prove they aren't dead. >> are they? >> they aren't dead yet. >> blackberry has no shortage of former users. >> blackberry wouldn't work in my own house but this one does. >> what would it take you to win you back? >> i don't know that is possible. >> i don't think they are going to get anybody that likes their iphone or android phone to switch o
-year contract he watched his friends trade up to the newest phones from apple to samsung. >> they usually ask, why do you still have a blackberry? >> it accounts for 2% of the market and the ceo is determined to change that. >> we are used to competition. we have to innovative. >> after launching in europe, blackberry 10 is now in the u.s. it looks like the touch screen competitors. >> i actually real like it. i think blackberry has done a good job. it feels comfortable. >> jessica was enthusiastic with b the new touch keyboard and slick cancer camera and online show of new apps. >> latest blackberry has all the trappings of smart the question is, is it enough to save the company? >> right now i think they are trying to prove they aren't dead. >> are they? >> they aren't dead yet. >> blackberry has no shortage of former users. >> blackberry wouldn't work in my own house but this one does. >> what would it take you to win you back? >> i don't know that is possible. they are going they get anybodr iphone or android phone to switch over. >> but blackberry may be a hit with current users and the
can it go from here is most lickly up. it is going to reach te samsungs and an droids and apples of the united states? no. they are in double digit territory. you know, this is somethingthat i think enterprise users look at saying, listen, we worked with blackberry 7 for a long time, and, you know what? it's time to move on to something different and more updated -- something to be, you know, reflective of what we want in 2011, not something we used since 2009 and 2010. shibani: all the phones i have, the iphone, my z10, and my regular blackberry. i think they made a critical mistake in not getting the phone with the keyboard app. i have a 3-year-old keyboard phone and will not give it up. this was a critical, i think, misstep, that the company did not take, and to win over very important customers, but they got time for that. ramone, thank you very much for joining us today, and, of course, we want to know what you think because that's what mattermost. here's the question tonight. which smart phone do you prefer? do you like the blackberry? , iphone, or android phone? log on to
. it takes on market leaders apple and samsung and they have soared more than 150% in just the past six months. 150 -- i mean, this is a classic sort of dash for trash that we've seen so far this year. >> i like that, yes. where there are a lot of stocks that people questioned the future of the stocks and they questioned the quality of the stocks and these are the ones that had been gaining. >> right. blackberry, bed bath and beyond, best buy, hewlett-packard. >> yes. >> all companies thought to be on the ropes and all companies resurgent and all companies very inexpensive if they get it right. if they get it right, blackberry has no problem. >> eric schmidt will be in line because he's using one with the keyboard so he would have to wait for the q10 and not the z10 because ironically he uses a blackberry. he likes the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it wo
in the final months of a two-year contract, he's watched all his friends trade up to an apple or samsung. they ask why do you still have a blackberry? >> the phone that started it all now accounts for just 2% of the market and blackberry is determined to change that. >> we are used to competition now. we have to innovate and get better. that's why we launched this platform. >> the z10 looks an awful lot like its touch screen competitors and it's getting good reviews. >> i like it. i think they have done good job with certain aspects of the phone. it feels comfortable in the hands and they have done a nice job with the camera. >> she was enthusiastic about the touch keyboard and camera and the online store full of appears. who wants a phone without angry birds? >> the question remains is a simple one. is it enough to save the company? >> right now i think they are just trying to prove that they are not dead. >> are they? >> they aren't dead yet. >> blackberry has no shortage of former users. >> my old blackberry wouldn't work in my own house, where this phone does. >> what would it take f
to an apple or samsung. they ask why do you still have a blackberry? >> the phone that started it all now accounts for just 2% of the market and blackberry is determined to change that. >> we are used to competition now. we have to innovate and get better. that's why we launched this platform. avilanching in europe, blackberry 10 is now in the u.s. >> the z10 looks an awful lot like its touch screen competitors and it's getting good reviews. >> i like it. i think they have done good job with certain aspects of the phone. it feels comfortable in the hands and they have done a nice job with the camera. >> she was enthusiastic about the touch keyboard and camera and the online store full of appears. k -- aps. because who wants a phone without angry birds? the latest blackberry has all the trappings of a modern smartphone. >> the question remains is a simple one. is it enough to save the company? >> right now i think they are just trying to prove that they are not dead. >> are they? >> they aren't dead yet. >> blackberry has no shortage of former users. >> my old blackberry wouldn't work in m
. it's meant to be out there competing with samsung devices and also apple products. wile we've son-in-lonly about t sold here at this story, there are still a lot of blackberry fans out there that are praising this device. >> blackberries have always had the best keyboards, but the way they implemented this with swooip with auto complete is pretty cool. the way to peek at your key hub, and the integration with facebook and twitter. so you can have a hub of all your interactions is, i think, a neat feature. >> now, as that gentleman said, obviously, there are a lot of users out there that are noticing these differences and it's blackberry who are hoping they'll like it and embrace the phone and hopefully pick up a little bit of market share. but just as the z-10 is making its debut, there are also reports out that apple is going to be coming out with the iphone 5s and the ipad 5. that would be on june 29th, according to those reports. so the smartphone wars are really far from over. and i want to mention that blackberry shares are down significantly this afternoon, more than 8%. bil
. samsung's done that. no one else has managed that. the problem looking purely at enterprise side misses the fact people have to have two devices if you take that view or you need to have confidence people will be -- >> bill and i both have two devices. >> i should say, i do have two devices here. >> make the argument simple. i described a company that had 50 million subs at $100 a year. lower than what they make now. at a 40% operating profit. re recur ing. what would you pay for that? probably a lot. we see the ipo of air watch are good, going to be valued probably in the multiple billions of dollars at a fraction of the subs, fraction of the revenue, we would argue that's the real opportunity. we totally agree the z-10, all these hand sets, rim can't compete. that's why we think a chinese tie-up is the way to go. earnings are going to be positive in may. that's the key. >> it has had a spectacular fall from grace over the year. we know that. whether it can come back or not depends on the handset coming out now. good to see you both. yes, this goes to the smi smithsonian when i'm finis
companies we do business with in the united states including samsung, lg and hyundai. it provides another very clear example of just how costly cyber crimes are. in fact south korean index fell 1% today and business halted in many parts of that nation. yet another red flag for us to pay attention to write here. melissa: thank you so much. lori: as we count down to today's fed decision coming at you, one former fed economist says he wants to know how ben bernanke plans to stop pumping money into the economy and what the ramifications will be if he does. melissa: and we may have a deal on capitol hill for the keystone pipeline. lawmakers may be ready to move ahead without the president. and we cross over all-time intraday high for the dow today. look at which stocks are benefiting from the move. flying higher. we will be right back. lori: the federal reserve announcement at the top of the hour, 2:00 p.m. eastern. while my next guest is in expecting policy change, he says we may get some new insight into how long fed chief ben bernanke can keep pumping money into the economy. the chief monet
of iphone and samsung make up over 70% of the market. blackberry, 3%. the future of the company rides on what the people think about what they think about the z10. a choice of lot of corporations. they have thousands of employees who have this device. >> the galaxy, that would only get me to switch from the iphone. >> i don't want to interrupt the discussion right now, but a major trending story. the star of groundhog day. not bill murray, but pu punxsutawney phil is being sued by a prosecutor. the charge? misrepresentation of an early spring. joining us by telephone, i believe tongue firm until cheek, michael moser, prosecutor in butler county, ohio. you are suing. please explain the justification. >> this is an indictment. kral charge against punxsutawney phil. we're sick and tired of winter here and old phil let us down. >> have you a sense of motive in this? what possible justification could he have for misrepresenting the weather, sir? >> in pennsylvania, i think they just want to laugh at us, so we're trying to have the last half. there's an old saying that prosecutors can indic
change all of that. all right, the z-ten comes out just as samsung released its galaxy s-4. we're waiting to see what happenle hhappen apple has up its sleeve. the smartphone wars are on. i've been using this for a while. i like it. you can go to cnnmoney.com for another review. you decide. from new york, i'm ali velshi. this is your money. license and registration please. what's this? uhh, it's my geico insurance id card, sir. it's digital, uh, pretty cool right? maybe. you know why i pulled you over today? because i'm a pig driving a convertible? tail light's out.. fix it. digital insurance id cards. just a click away with the geico mobile app. >>> the hottest stories in a flash. roll it. >>> a french man is arrested at philadelphia's airport for impersonating a pilot on a us airways flight. police say the man boarded the plane, wearing what appeared to be an air france uniform, and talk his way into the cockpit. his lie came undone when the actual pilot showed up. >>> air traffic controllers at 149 small and medium airports are going to be out of a job. the faa blames forced spending c
Search Results 0 to 30 of about 31 (some duplicates have been removed)